Business Ratings Award Ceremony to be Held in Tbilisi

The 16th edition of the Business Ratings Award Ceremony for winning companies and business persons will take place at the Funicular Complex Ballroom on November 26th. The Ceremony is being held by media holding Georgian Times and public opinion and marketing research company GORBI (Georgian Opinion Research Business International).

The project aims to define the most successful business sectors, to establish a new image for Georgian businesses, to promote new promising companies, to bring Georgian businessmen together and to attract the attention of the international business community to Georgian business.

The contribution of Business Ratings in promoting Georgian business is recognized not only by the business sector but also in the political world. The first Business Ratings was held in 1995 and since then it has named many of Georgia’s leading businesses as winners.

The Revenue Service of the Ministry of Finance provided Georgian Times and GORBI with a list of companies which bring more than 1 million GEL into the Georgian budget. Experts, economic journalists, non-governmental organizations, foundations, representatives of industrialist and taxpayer unions, and pollsters then chose the top 60 of the best and most successful companies which was then narrowed down again to just 30 best companies.

These 30 companies will choose the leader and the winner company amongst themselves. The winner will be awarded a Grand Prix- the national business award, a handmade and exclusive composition Bolnian Cross. The remaining companies will be awarded in different categories and certifying diplomas of the top best 30 will be given.

A professional jury has already evaluated the companies on the following criteria: protecting the interests of entrepreneurs; public image; effective management; charity / philanthropy; the effectiveness of advertising campaigns; new technologies; new jobs; stability of activities; company growth and success; recognition abroad; public relations (PR); effective marketing; financial transparency; level of professionalism; and potential investment attractiveness.